Becoming an OKX merchant opens the door to a dynamic and trusted environment for digital asset trading. With increasing demand for secure peer-to-peer (P2P) transactions, OKX has established a robust merchant program that rewards reliability, experience, and commitment. Whether you're aiming to become a certified merchant or scale up to a wholesale-level trader, this comprehensive guide walks you through every step—from registration and verification to application requirements and benefits.
What Is an OKX Merchant?
An OKX merchant is a verified user authorized to conduct large-volume P2P trades on the OKX platform. Merchants act as liquidity providers, offering buy and sell orders in exchange for enhanced visibility, platform support, and exclusive privileges. The OKX merchant system is divided into two tiers:
- Certified Merchant
- Wholesale Merchant
Each tier comes with specific eligibility criteria and rewards designed to foster trust and efficiency in the crypto trading ecosystem.
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Step-by-Step: How to Register on OKX
Before applying as a merchant, you must first create and verify your OKX account. Follow these steps to get started:
Step 1: Create Your Account
Visit the official OKX website and click "Sign Up" in the top-right corner. You can register using either your mobile number or email address. Mobile registration is recommended for easier login recovery and two-factor authentication.
Step 2: Set Password & Verify Identity
Choose a strong password and complete phone or email verification. After logging in, proceed immediately to KYC (Know Your Customer) verification.
Step 3: Complete KYC Level 3 Verification
To qualify as a merchant, you must complete KYC Level 3, which includes:
- Government-issued ID upload (passport, national ID, etc.)
- Facial recognition
- Video verification (live selfie or recorded video confirmation)
This advanced verification ensures compliance and security across high-value transactions.
Step 4: Navigate to P2P Trading Section
Once verified, go to the P2P Trading section from the homepage. Click "Buy/Sell", then select "Sell" to begin setting up your first offer.
How to Apply for OKX Merchant Status
After meeting basic account requirements, you can apply for one of two merchant levels.
✅ Certified Merchant Requirements
To become a Certified Merchant, you must meet the following conditions:
- Complete KYC Level 3 video verification
- Maintain an order completion rate of at least 90%
- Have completed 10 or more orders
- Deposit 2,000 OKB or 10,000 USDT as collateral in your fiat account
This collateral serves as a trust guarantee to protect buyers and maintain platform integrity.
💼 Wholesale Merchant Requirements
For higher-tier status, upgrade to Wholesale Merchant by fulfilling all Certified Merchant criteria plus:
- Submit proof of identity as a business entity or high-volume trader (e.g., screenshot of business registration)
- Increase collateral to 10,000 OKB or 50,000 USDT
- Demonstrate personal circulating funds equivalent to over 1 million CNY (~$138,000 USD)
Wholesale merchants gain access to premium tools and priority customer service.
📅 One-Month Probation Period
All new applicants enter a 30-day evaluation period during which they must:
- Complete at least 200 successful trades
- Avoid serious user complaints
- Respond promptly to dispute resolutions (no more than two uncooperative cases)
Failure to meet these standards may result in removal from the merchant program.
Benefits of Being an OKX Merchant
Joining the OKX merchant network offers significant advantages:
🔹 Priority Visibility & Traffic Boost
Merchants receive algorithmic preference in P2P order books, meaning your ads appear higher in search results—driving more transaction opportunities.
🔹 Exclusive Verification Badge
A verified "V" badge appears next to your username, building credibility and trust with potential trading partners.
🔹 Personalized Support
Access dedicated customer service representatives who assist with trade disputes, technical issues, and account optimization.
🔹 Flexible Ad Management
Create custom buy/sell advertisements with adjustable prices, payment methods, and trading limits.
🔹 Advanced Trading Controls
Restrict who can trade with you based on reputation, transaction history, or region.
🔹 Pathway to Wholesale Status
Start as a certified merchant and scale up—unlocking even greater liquidity and exposure.
How to Buy Cryptocurrency on OKX (For New Users)
Even if you're not yet a merchant, understanding how buyers operate helps you anticipate demand. Here’s how new users purchase crypto via OKX:
- Complete KYC verification (mandatory).
- Open the app and tap "Quick Buy" on the homepage.
- Select your desired cryptocurrency (e.g., Bitcoin, Ethereum).
- Enter the amount in fiat currency (e.g., USD, CNY) or crypto quantity.
- Choose a payment method (e.g., bank transfer, e-wallet).
- Transfer funds offline according to seller instructions.
- Confirm payment on the app—once the seller releases the coins, the transaction is complete.
This seamless process supports global adoption and encourages more users to enter the P2P marketplace—benefiting active merchants.
Frequently Asked Questions (FAQ)
Q: Can I apply for merchant status without prior trading experience?
A: While anyone can start trading, becoming a merchant requires at least 10 completed orders and a 90%+ completion rate. It's advisable to build transaction history before applying.
Q: What happens if I fail the probation period?
A: If you don’t meet performance targets during the 30-day review, your merchant privileges will be revoked. You can reapply after improving your track record.
Q: Is the merchant collateral refundable?
A: Yes. The required OKB or USDT deposit remains in your account and can be withdrawn after deactivation—provided there are no open disputes or violations.
Q: Can I use multiple payment methods as a merchant?
A: Absolutely. You can list various payment options (bank transfer, Alipay, etc.) in your ads to attract more buyers.
Q: Are there fees for being an OKX merchant?
A: No listing or membership fees. However, standard P2P trading fees apply per transaction.
Q: How does OKX handle trade disputes?
A: OKX provides mediation support. Both parties submit evidence, and the platform makes binding decisions to ensure fair outcomes.
Final Tips for Aspiring Merchants
Success as an OKX merchant depends on consistency, responsiveness, and risk management:
- Always respond quickly to buyer inquiries.
- Set competitive prices within market ranges.
- Avoid suspicious accounts with low ratings.
- Keep detailed records of all off-platform transfers.
- Never share private keys or login details.
While mentorship can accelerate learning, many experienced traders emphasize self-reliance. Join community forums cautiously—focus on observation rather than relying on unverified advice.
By following this guide, you’re well-equipped to navigate the OKX merchant application process confidently. Whether you're building a side income or launching a full-time crypto trading business, the OKX platform offers the tools, security, and scalability needed for long-term success in 2025 and beyond.